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Tenants across Aotearoa are downsizing with growing demand and record-breaking rents for smaller abodes, according to the latest Trade Me Rental Price Index. Trade Me Property Sales Director Gavin Lloyd said the March 2023 figures show rents for apartments .
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Business Scoop » Rents Show Biggest Annual Increase In Over Two Years scoop.co.nz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from scoop.co.nz Daily Mail and Mail on Sunday newspapers.
Kate Jensen at the Dwellington Hostel, where she lives in a shared bedroom.
In March 2018, homeownership was at its lowest in almost 70 years. Since then the median price has almost doubled and rent is up by a quarter. Stuff’s
Off the Ladder series talks to those priced out of the market. When Kate Jensen, 58, goes to sleep at night, she may wake up to seven new faces in her bedroom. The marketing honours student has called an upmarket hostel home for more than a month and is in no rush to put her name on a flat lease.
ROSA WOODS/Stuff